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Juventus Football Club S.p.A. (0H65.IL)
- Reuters
Juventus first half financial loss widens to 95 million euros
Juventus said on Friday its net loss widened to 95.1 million euros ($102 million) in the first half of its 2023-24 fiscal year as its ban from lucrative European competition this season over financial irregularities weighed on the Italian soccer club's revenue. Revenue fell almost 26% to 173.3 million euros between July and December last year, Juventus said in a statement. Juventus was hit by an accounting scandal linked to player trading and salary payments in late 2022, whose consequences included a ban from this season's European competitions.
- Reuters
UPDATE 2-Soccer-Rabiot scores winner against Roma as Juve close on Inter
Adrien Rabiot's second-half goal earned Juventus a 1-0 home win over AS Roma on Saturday that took them within two points of Serie A leaders Inter Milan. Juve made the breakthrough two minutes after halftime when French midfielder Rabiot was left unmarked as he collected a flick from Dusan Vlahovic and calmly slotted home. Juve finished the year in second place with 43 points from 18 games behind Inter, who drew 1-1 at Genoa on Friday.
- Reuters
Soccer-Italy's Agnelli family gives full backstop to Juventus cash call
Italy's Agnelli family has committed to back Juventus's 200 million euro ($221 million) equity fundraising in full via the family's holding company Exor, the cash-strapped Serie A soccer club said late on Thursday. Netherlands-based Exor controls Juventus with a stake of around 64%. The holding company had committed to cover a proportion of the cash call matching that stake, worth up to 128 million euros, and has already almost entirely paid that sum.
